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Cryptocurrency News Articles

Trump-Linked Crypto Project World Liberty Financial Reportedly Accumulates $57M in Ethereum in 24 Hours

Jan 22, 2025 at 02:56 pm

Behind the scenes, the Trump-linked crypto project World Liberty Financial has reportedly been quietly accumulating Ethereum at a stunning rate.

Trump-Linked Crypto Project World Liberty Financial Reportedly Accumulates $57M in Ethereum in 24 Hours

The price of Ethereum was last seen just above $3,300, trading within recent ranges as the broader market failed to catch a substantial bid after Trump failed to mention crypto in his inaugural address.

But as the dust settles on a week filled with meme coins, Trump tokens, and Solana NFTs, a Trump-linked crypto project has reportedly been quietly accumulating Ethereum at a staggering rate.

According to multiple reports citing on-chain data, the project has purchased over $57 million in Ethereum in the past 24 hours.

While other major cryptocurrencies like Bitcoin and Solana have reached fresh record highs, Ethereum has shown signs of forming a descending wedge pattern, which is often interpreted by traders as a potential bullish breakout signal.

チャートをチェック!イーサリアムは新たな強気トレンドを形成中かhttps://t.co/0300000000

While Trump and his First Lady Melania did just launch meme coins on Solana, Ethereum is set to benefit from a major narrative of being a “Trump coin” in 2025, thanks to the President’s investments.

A quick 50% to $5,000 is very likely in the coming months, especially if Trump lives up to his pledges to prioritize crypto during his administration and set up a Bitcoin strategic reserve.

However, meme coins are likely to do even better, with Trump giving the sector a major greenlight following his (and Melania’s) token launch over the weekend.

TRUMP Coin Bearish, Wall Street Pepe is a Better Bet

With the TRUMP meme coin forming a bearish descending triangle pattern, which could signal near-term losses, and an already bloated market cap, meme coin traders might find better opportunities elsewhere.

The traders who made the biggest gains on Trump were those who got in early, so traders looking for 10x or more upside would do well to look for high-potential meme coins that are likely to, but yet to go viral.

One coin that analysts are very bullish on is an exciting new Pepe the frog-themed ERC-20 token called Wall Street Pepe ($WEPE). Despite launching only a few weeks ago, eager investors have already plowed over $53.5 million in funds into the $WEPE presale.

50M raised. 30 days until presale ends.

Wepe is ready for the moon. 🐸⚔️ pic.twitter.com/9aO2Hv3CA7

And those inflows are likely to accelerate, with demand for meme coins likely to sour in the wake of Trump’s token launch.

Wall Street Pepe seeks to support small traders by offering exclusive trading signals, market insights, and strategies, striving to level the playing field against larger market players or “whales” who typically have access to such resources.

Holders of $WEPE will gain access to a VIP group called the “WEPE Army,” where they can share trading ideas, strategies, and participate in weekly trading competitions with rewards in $WEPE tokens.

Additionally, staking mechanisms are available, enabling holders to earn passive income with APYs of up to 24%.

Expect 2025 to be a record year for new billion-dollar meme coins to spring up. And with such strong momentum and such a unique value proposition, it’s very likely Wall Street Pepe could be among them.

$WEPE has already passed major audits and can be easily purchased with a card or crypto. For timely project updates, follow the project’s official X page and Telegram channel.

Visit Wall Street Pepe Presale

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Other articles published on Jan 22, 2025